Cross posted at Laugh!
New Jersey faces an $11 billion dollar deficit, so it is true that every cut will be difficult and the state needs to share the sacrifice.
However, for Governor Christie, sharing the sacrifice means allowing tax cuts for everyone making over $400,000 to stay in place, increased salaries for his staff (including 2 full-time staffers for his wife, one of which making over $100,000) and dramatic cuts to the state’s education system by slashing school aid by over $800 million.
Christie’s refusal to extend the surtax on families earning more than $400,000 will cost the state treasury $900 million. In other words, extending the surtax would allow him to cancel these school cuts.
Shared sacrifice indeed.
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